New Year Discount on Cars

Most people will agree with the statement that buying a car towards the end of the year does not make too much financial sense. At the time of resale, a car purchased in December would be considered a year old as against a car purchased the very next month in January. So, all in all, a bad decision, right? Maybe not. Firstly, in order to clear inventory and push sales during this lean period dealers offer mouth-watering discounts on most models. And, in most cases, the amount the buyer would lose while selling the car is offset by the discounts offered by the dealers. In case you’re still not convinced, take a look at the best New year Discount on Cars.

Hatchbacks

Chevrolet Beat

GM has been struggling in India off late and even popular models like the Chevrolet Beat are finding it hard to attract customers. Although a very competent little hatch, the Beat has lost out to new competition and with the new model, at least, a year away, the current model is being offered with discount benefits of around INR 1 lac.

Tata Bolt

Although fairly new in the market, the Bolt has been unable to find too many takers resulting in Tata offering massive discounts, which have now been compounded by the ongoing lean sales period. A good quality cabin, spacious interiors and a feature rich package, the Tata Bolt makes for a very good buy.

Fiat Punto Evo

Fiat currently sells one of the prettiest cars in India. And they are also good fun to drive with a decent set of engines. However, a questionable aftersales service and weak brand image have relegated their cars to the bottom of the sales pile. The Punto Evo is currently being offered with massive discounts of INR 1.75 lacs making it one of the best deals in this list.

Sedans

Volkswagen Vento

The Vento might be little old, but it is still one of the most solidly built sedans on sale in India. VW’s tank like build quality, elegant design and good pricing ensures the Vento makes a very strong case for itself. However, the company’s image has taken a massive hit in the wake of the emissions scandal and newer models have resulted in a drop in demand.

Nissan Sunny CVT

The automatic variant of the Sunny is being offered with massive discounts at a flat rate of INR 6.95 lacs. Which translates to around INR 2.2 lacs in terms of discounts. The Sunny is easily one of the most spacious sedan on sale in India, but sales are not what they used to be.

Renault Fluence

The French car maker has struggled with premium models such as the Fluence. Although there are no faults with the car as such, buyers are giving preference to more established names resulting in Renault offering massive discounts on the Fluence.

Mercedes-Benz C-Class

Arguably the best sedan in the segment out of the big three, the new C-Class is currently on sale for total benefits amounting to INR 4 lacs. Also, the recent diesel ban in Delhi has dealt a major blow to Merc’s diesel line-up resulting in great discounts on the baby S-Class.

SUVs/Crossovers/MPV

Renault Duster 4×4

Facing a lot of heat from the Hyundai Creta, the Duster has seen a drop in sales ever since the Creta’s launch. The slightly steep pricing of the 4×4 variant coupled with newer competition means the 4×4 variant is offered with discount benefits of around INR 1 lac. Also, the facelift is coming to India in March 2016 which means these discounts are likely to continue.

Nissan Terrano

The Duster’s badge engineered cousin is also on sale with mouth watering discounts of more than a lac on the 110 PS variants. As is the case with the Duster, the Terrano has also lost out to new competition resulting in dealers offering significant discounts.

Tata Safari Storme

The Storme failed to emulate the success of the once popular Safari majorly due to the lack of features, high pricing and the fact that the new generation did not witness a very significant design change.

Fiat Avventura

Fiat’s smart little Avventura crossover has met with the same lukewarm response as other Fiat products in India. This cool looking, fun to drive crossover is currently being offered with cash benefits of more than a lac.

Honda Mobilio

The Brio-based Mobilio showed a lot of promise initially, but fizzled out with time losing out to popular rivals like the Innova and Ertiga. Slightly high pricing and the low-rent feel of the interiors means this is one of the slowest selling Hondas currently.

Maruti S-Cross

The Maruti S-Cross is a really well rounded crossover with a spacious, feature-rich cabin, a good set of engines and Maruti’s strong brand name to back it all up. However, a very hatchback like exterior, high pricing (DDiS 320 variants) and competition from the Hyundai Creta has hit the S-Cross hard. The DDiS 320 variants are being offered with discounts ranging from INR 2-3 lacs and even the DDiS 200 variants have good deals going for them.

Renault Koleos

As we mentioned earlier, Renault has struggled to move its premium offering in India. And the Koleos is also let down by very steep pricing which places it in the Toyota Fortuner territory. The result is a very competent, but unpopular crossover with massive discounts on offer.